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GTG Rainbow Toned Peace Dollar (GRADE REVEALED)

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  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @Wabbit2313 - It was a 64 at GC. You grabbed the Legend slab shot.

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    @cameonut2011 said:
    @Wabbit2313 - It was a 64 at GC. You grabbed the Legend slab shot.

    Whoops, fixed!

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    As much as I was happy with Great Collections, this is a very bad commercial for them! :)

  • ElcontadorElcontador Posts: 7,559 ✭✭✭✭✭

    The pics up top are totally different than those of the coin in holder. In either case, the color is questionable, and I would not go near it. I have no idea how this coin should grade, because I don't collect Peace Dollars.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • CCGGGCCGGG Posts: 1,267 ✭✭✭✭✭
    edited March 9, 2019 11:20AM

    Wow, one of the best examples I've seen of "buy the coin" and not the holder or grade. Maybe in hand I could see the grade (maybe).... Of course I don't like toners anyway, but my OMG.

  • gtstanggtstang Posts: 1,758 ✭✭✭✭✭

    The toning pattern is similar to this 1922.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @gtstang said:
    The toning pattern is similar to this 1922.

    Yes. I knew the submitter of that coin too. The one you cited is the poster image for the questionable color designation on the PCGS statistic web page or it was for some time. The one you posted went QC multiple times before finally straight grading as a 64.

  • drfishdrfish Posts: 947 ✭✭✭✭

    Yeah I think $9000 qualifies as an insane premium.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @Wabbit2313 said:
    As much as I was happy with Great Collections, this is a very bad commercial for them! :)

    I'm not so sure of that. GC produced strong results. I don't think Legend's use of TVs or its slab shot made the difference. I think it was the sticker, but of course that is speculation.

  • gtstanggtstang Posts: 1,758 ✭✭✭✭✭

    @drfish said:
    Yeah I think $9000 qualifies as an insane premium.

    Wait, that coin seriously sold for 9k?!

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @gtstang said:

    @drfish said:
    Yeah I think $9000 qualifies as an insane premium.

    Wait, that coin seriously sold for 9k?!

    Yes.

  • gtstanggtstang Posts: 1,758 ✭✭✭✭✭

    @cameonut2011 said:

    @gtstang said:

    @drfish said:
    Yeah I think $9000 qualifies as an insane premium.

    Wait, that coin seriously sold for 9k?!

    Yes.

    Is there by chance a video online showing how it looks as you rotate it?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @gtstang said:

    @cameonut2011 said:

    @gtstang said:

    @drfish said:
    Yeah I think $9000 qualifies as an insane premium.

    Wait, that coin seriously sold for 9k?!

    Yes.

    Is there by chance a video online showing how it looks as you rotate it?

    Neither auction lot included a video unfortunately. :(

  • derrybderryb Posts: 37,165 ✭✭✭✭✭
    edited March 9, 2019 12:02PM

    @Wabbit2313 said:
    I am wondering why the coin is not a 65 or higher if they are saying it is natural. Very clean for a 64.

    dings across the back of the reverse eagle did it in.

    Repetition of ignorance is ignorance raised to the power two.

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    @cameonut2011 said:

    @Wabbit2313 said:
    As much as I was happy with Great Collections, this is a very bad commercial for them! :)

    I'm not so sure of that. GC produced strong results. I don't think Legend's use of TVs or its slab shot made the difference. I think it was the sticker, but of course that is speculation.

    Should have been sent in for regrade and sticker at GC. At least to CAC. Left 5K on the table!

    Ian's images are also washed out a bit.

  • U1chicagoU1chicago Posts: 6,197 ✭✭✭✭✭
    edited March 9, 2019 12:59PM

    @gtstang said:

    @cameonut2011 said:

    @gtstang said:

    @drfish said:
    Yeah I think $9000 qualifies as an insane premium.

    Wait, that coin seriously sold for 9k?!

    Yes.

    Is there by chance a video online showing how it looks as you rotate it?

    Here you go:

    https://www.instagram.com/jr_coins77/p/BkFz1ktgDT2/?utm_source=ig_share_sheet&igshid=mk1uou913jiw

  • U1chicagoU1chicago Posts: 6,197 ✭✭✭✭✭

    @cameonut2011 said:

    @Wabbit2313 said:
    As much as I was happy with Great Collections, this is a very bad commercial for them! :)

    I'm not so sure of that. GC produced strong results. I don't think Legend's use of TVs or its slab shot made the difference. I think it was the sticker, but of course that is speculation.

    There is also a different clientele at Legend that likely don’t pay attention to GC auctions (and might stick only to Legend, just as they will stick to only CAC).

  • ifthevamzarockinifthevamzarockin Posts: 8,902 ✭✭✭✭✭

    Nice detective work U1chicago! :)

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    After watching that video, PCGS owns me a WHOLE bunch of money back for my Peace dollars they rejected over the years!

  • U1chicagoU1chicago Posts: 6,197 ✭✭✭✭✭

    @Wabbit2313 said:

    @cameonut2011 said:

    @Wabbit2313 said:
    As much as I was happy with Great Collections, this is a very bad commercial for them! :)

    I'm not so sure of that. GC produced strong results. I don't think Legend's use of TVs or its slab shot made the difference. I think it was the sticker, but of course that is speculation.

    Should have been sent in for regrade and sticker at GC. At least to CAC. Left 5K on the table!

    Ian's images are also washed out a bit.

    The person who consigned it to GC did send it to CAC and it failed as a 64.

  • bestdaybestday Posts: 4,239 ✭✭✭✭

    @U1chicago said:

    @Wabbit2313 said:

    @cameonut2011 said:

    @Wabbit2313 said:
    As much as I was happy with Great Collections, this is a very bad commercial for them! :)

    I'm not so sure of that. GC produced strong results. I don't think Legend's use of TVs or its slab shot made the difference. I think it was the sticker, but of course that is speculation.

    Should have been sent in for regrade and sticker at GC. At least to CAC. Left 5K on the table!

    Ian's images are also washed out a bit.

    The person who consigned it to GC did send it to CAC and it failed as a 64.

    Can someone say how cac rejects a pcgs 64 .....then ,again same coin ....pcgs gives it a 64+.... and cac gives it's blessing with a green bean sticker......this is an example why our coin club has cut back yearly buying by over 50 % :*:*

  • planetsteveplanetsteve Posts: 1,425 ✭✭✭✭

    What a polarizing coin. Some disdain it, yet some other colletors bid it up to 9k.

    My question is — couldn’t that arc of terminal toning on the reverse suggest that the Peace is in fact naturally toned? Perhaps it was in some kind of cardboard holder or similar environment. My thinking is that a deliberate bad actor would stop short of inducing dark brown toning.

    Or, are there examples of known AT out there showing a pattern like on the reverse?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @planetsteve said:
    My question is — couldn’t that arc of terminal toning on the reverse suggest that the Peace is in fact naturally toned? Perhaps it was in some kind of cardboard holder or similar environment. My thinking is that a deliberate bad actor would stop short of inducing dark brown toning.

    Not necessarily. Some coin doctors are quacks. AT often is blotchy and ugly.

  • U1chicagoU1chicago Posts: 6,197 ✭✭✭✭✭

    @planetsteve said:
    What a polarizing coin. Some disdain it, yet some other colletors bid it up to 9k.

    My question is — couldn’t that arc of terminal toning on the reverse suggest that the Peace is in fact naturally toned? Perhaps it was in some kind of cardboard holder or similar environment. My thinking is that a deliberate bad actor would stop short of inducing dark brown toning.

    Or, are there examples of known AT out there showing a pattern like on the reverse?

    It could suggest it being natural as no one would want to deliberately produce terminal toning. However, it is also possible that the coin already had the terminal toning and someone was just experimenting (and ended up enhancing the overall look).

  • U1chicagoU1chicago Posts: 6,197 ✭✭✭✭✭

    @bestday said:

    @U1chicago said:

    @Wabbit2313 said:

    @cameonut2011 said:

    @Wabbit2313 said:
    As much as I was happy with Great Collections, this is a very bad commercial for them! :)

    I'm not so sure of that. GC produced strong results. I don't think Legend's use of TVs or its slab shot made the difference. I think it was the sticker, but of course that is speculation.

    Should have been sent in for regrade and sticker at GC. At least to CAC. Left 5K on the table!

    Ian's images are also washed out a bit.

    The person who consigned it to GC did send it to CAC and it failed as a 64.

    Can someone say how cac rejects a pcgs 64 .....then ,again same coin ....pcgs gives it a 64+.... and cac gives it's blessing with a green bean sticker......this is an example why our coin club has cut back yearly buying by over 50 % :*:*

    Not without risking the bam hammer. :D

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭
    edited March 10, 2019 1:40AM

    @bestday said:
    Can someone say how cac rejects a pcgs 64 .....then ,again same coin ....pcgs gives it a 64+.... and cac gives it's blessing with a green bean sticker......this is an example why our coin club has cut back yearly buying by over 50 % :*:*

    @U1chicago said:
    Not without risking the bam hammer. :D

    I didn't start this thread to bash CAC, but this is an example of why I say that people should (1) know what they're doing, (2) do their due diligence, and (3) buy the coin and not the sticker or plastic (sorry Catbert - I know you hate that cliche). I do not believe that it is natural, and a large number of collectors won't find it market acceptable either. Raw, I doubt many people would pay $100 for it. PCGS and CAC for that matter wouldn't pay more than generic 64 money for it in the holder with a sticker. I hope the person that bought this did so because he/she was happy with the coin and did not blindly buy it based on someone else's opinion. Everyone makes mistakes, even the pros.

  • emeraldATVemeraldATV Posts: 4,714 ✭✭✭✭✭

    The color is to me uneven, with red green yellow overpowering the obverse. don't get me wrong its very cool and stunning. if I were to buy such a coin, I'm very picky in the color burst. to grade this I'm stepping back due to the coin itself. ink blot says made in the sixties as per ty dye. groovy

  • gtstanggtstang Posts: 1,758 ✭✭✭✭✭

    It apparently made more than one trip around the block.

  • bestdaybestday Posts: 4,239 ✭✭✭✭

    @cameonut2011 said:

    @bestday said:
    Can someone say how cac rejects a pcgs 64 .....then ,again same coin ....pcgs gives it a 64+.... and cac gives it's blessing with a green bean sticker......this is an example why our coin club has cut back yearly buying by over 50 % :*:*

    @U1chicago said:
    Not without risking the bam hammer. :D

    I didn't start this thread to bash CAC, but this is an example of why I say that people should (1) know what they're doing, (2) do their due diligence, and (3) buy the coin and not the sticker or plastic (sorry Catbert - I know you hate that cliche). I do not believe that it is natural, and a large number of collectors won't find it market acceptable either. Raw, I doubt many people would pay $100 for it. PCGS and CAC for that matter wouldn't pay more than generic 64 money for it in the holder with a sticker. I hope the person that bought this did so because he/she was happy with the coin and did not blindly buy it based on someone else's opinion. Everyone makes mistakes, even the pros.

    no bashing....find it odd to shop coin graders until coin owners hit the lotto grade ,sticker

  • bestdaybestday Posts: 4,239 ✭✭✭✭

    @gtstang said:
    It apparently made more than one trip around the block.

    wow

  • CommemDudeCommemDude Posts: 2,284 ✭✭✭✭✭

    I wonder if this was the same guy who cooked up a BU roll of 1924s with purple and blue crescents, one of which I owned in an NGC65 holder and I think discussed here in a previous thread. If so, his colors are improving.

    Dr Mikey
    Commems and Early Type
  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @bestday said:

    @cameonut2011 said:

    @bestday said:
    Can someone say how cac rejects a pcgs 64 .....then ,again same coin ....pcgs gives it a 64+.... and cac gives it's blessing with a green bean sticker......this is an example why our coin club has cut back yearly buying by over 50 % :*:*

    @U1chicago said:
    Not without risking the bam hammer. :D

    I didn't start this thread to bash CAC, but this is an example of why I say that people should (1) know what they're doing, (2) do their due diligence, and (3) buy the coin and not the sticker or plastic (sorry Catbert - I know you hate that cliche). I do not believe that it is natural, and a large number of collectors won't find it market acceptable either. Raw, I doubt many people would pay $100 for it. PCGS and CAC for that matter wouldn't pay more than generic 64 money for it in the holder with a sticker. I hope the person that bought this did so because he/she was happy with the coin and did not blindly buy it based on someone else's opinion. Everyone makes mistakes, even the pros.

    no bashing....find it odd to shop coin graders until coin owners hit the lotto grade ,sticker

    I didn't mean to suggest that you or @U1chicago were. I was clarifying my intent.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @gtstang said:
    It apparently made more than one trip around the block.

    I'd like to see the CAC only crowd or the poster that said CAC was always correct defend this one. As I have said (and been flamed for many times over), no one is perfect and buying anything blindly is stupid.

  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    Even if both PCGS and CAC is wrong, PCGS is only on the hook for about 50 bucks. Dude who paid 9K, a bit more than that! :o

  • ilikemonstersilikemonsters Posts: 767 ✭✭✭✭

    I've held this coin in-hand a few different times. I always have, and always will, think it is NOT naturally toned.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    I threw up in my mouth a little when I read the auction description in which the auctioneer opines it as "one of the FINEST toned Peace dollars that exists," and a "9+ on our 10-point color scale." In light of the new information that has come forward, I have become even more cynical of auction descriptions than I was before.

  • JimTylerJimTyler Posts: 3,468 ✭✭✭✭✭

    Nice coin

  • stmanstman Posts: 11,352 ✭✭✭✭✭

    If it’s good enough for PCGS and cac it’s good enough for y’all. Deal with it. :)

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • U1chicagoU1chicago Posts: 6,197 ✭✭✭✭✭

    @gtstang said:
    It apparently made more than one trip around the block.

    This is exactly why Legend wants to protect the hobby and remove the CoinFacts images, right?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @U1chicago said:

    @gtstang said:
    It apparently made more than one trip around the block.

    This is exactly why Legend wants to protect the hobby and remove the CoinFacts images, right?

    I'd want to hide the QC images too, but I would have gone to Phil directly and asked him to remove the images before it ended up in the "right" plastic for the consignor.

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    Sadly I think this thread will end up being deleted by tomorrow morning. :/

  • U1chicagoU1chicago Posts: 6,197 ✭✭✭✭✭

    @cameonut2011 said:
    Sadly I think this thread will end up being deleted by tomorrow morning. :/

    It will be gone but not forgotten. :D

  • stmanstman Posts: 11,352 ✭✭✭✭✭

    Good thing we are protected these days.

    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • bestdaybestday Posts: 4,239 ✭✭✭✭

    wouldn't the coin buyer get a refund for the coin .....being not as described ?

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭
    edited March 10, 2019 3:28PM

    @stman said:
    Good thing we are protected these days.

    Thankfully we have stickers to tell us what is original and super PQ. >:)

    To the CAC is always correct crowd (yes someone explicitly said that here in another thread), which time do you think CAC was correct? I think first impressions are usually correct.

  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭

    I think it’s kinda cool. I’d enjoy a complete set toned like the two pictured in this thread

  • cameonut2011cameonut2011 Posts: 10,169 ✭✭✭✭✭

    @tradedollarnut said:
    I think it’s kinda cool. I’d enjoy a complete set toned like the two pictured in this thread

    Even though it bagged as AT and was initially rejected by CAC once it did straight grade finally (after a year of trying)?

  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭

    @cameonut2011 said:

    @tradedollarnut said:
    I think it’s kinda cool. I’d enjoy a complete set toned like the two pictured in this thread

    Even though it bagged as AT and was initially rejected by CAC once it did straight grade finally (after a year of trying)?

    You don’t think there are thousands of other coins with that same history in regular holders?

    There are

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